Real Estate agents/agencies charge on average 6% commission for their services. Many times they gain their customers through a referral. These referrals typically cost the agent/agency 25% or more of the 6% sales commission. That 25% goes to the refering agent or agency, usually for doing very, very little. An example is Lending Tree, they charge 35% for their referrals. They have merely steered the customer (you), to a Real Estate Agent/Realtor who then pays Lending Tree a 35% referral fee (of the 6% commission) when you either sell or buy property. Let us suppose that I have a company that does referrals to real estate agents/Realtors and I charge them a 25% referral fee, I then give that 25% to a charity of your choice, not my choice, your choice. It could be your local church, UNICEF, United Way, The Red Cross, any number of thousands of Non-Profit organizations. Would you use a Non-Profit Real Estate Company like the one I'm suggesting? If not, Why? $23 Billion of aid annually...
2006-07-10
17:48:39
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13 answers
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asked by
Anonymous
in
Other - Society & Culture